Sotac Pharmaceuticals Limited

29 Jul 2023 - 03 Sep 2023 Individual Category IPO NSE

Min Investment

₹120000

Price Band

₹100-₹120

Issue Size

180 lakhs
Equity Shares

Lot Size

1000 (per lot)

IPO Dates
img

29 Jul 2023

Open Date

img

03 Sep 2023

Close Date

img

16 Sep 2023

Allotment Date

img

13 Sep 2023

Listing Date

<p>According to the DRHP filed by the company with SEBI, they are planning to&nbsp;raise about Rs. 3,600 crores&nbsp;through this public issue. This will include only fresh issue&nbsp;equity shares, and no news of an&nbsp;OFS&nbsp;is available yet.</p> <p>Additionally, the company has plans for a&nbsp;pre-IPO placement, which, if materialised,&nbsp;will lower the final issue size&nbsp;accordingly. The market lot and price band of this&nbsp;IPO&nbsp;are not available yet, and Radiant Cash Management Services Limited has mentioned in its&nbsp;DRHP&nbsp;that it will announce it gradually. Whereas the&nbsp;<strong>face value of shares&nbsp;here is set at Rs. 10 per equity share.</strong></p>

Know Before Investing

Strengths icon

Weaknesses icon

About Sotac Pharmaceuticals Limited

<p>The company started its operations in 2005 and has since then carried 80 million passengers.</p> <p>It has flights flying to&nbsp;<strong>28 domestic destinations</strong>&nbsp;as well as 9 international ones as of January 31, 2020. Around 300 flights are operated daily.</p> <p>As per a survey in 2017, it is the&nbsp;<strong>5th largest airlines company</strong>&nbsp;in the country. The target market for this airlines is young professionals, leisu...</p>

Founded

2015

Managing Director

Chetan Patel

Parent Organization

IPO Objectives

<ul> <li> <p>The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:</p> <ol> <li>To Meet Working Capital Requirements</li> <li>Investment in Subsidiary</li> <li>Upgradation / Construction of Existing /New Building in the Existing Premises</li> <li>General Corporate Purpose</li> <li>To meet Public Issue Expenses</li> </ol> </li> </ul>

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account